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FOX Business
Mar 2, 2014 1:00am EST
everyone else. there is no mechanism to collect the fee for that. the tax. they have to file a tax return in order for the irs to get their money. a lot of 18-ar-olds aren't getting jobs, the system is in trouble because of this. >> if the uninsured don't want this, if they don't boy into it, who will pay for it? sit us? >> exactly. we will end up footing the bill. the problem. the catastrophe was it is a bill that is an abiz malfailure. i'm trying to look at the bright spots of this. where is the good stuff? but again and again i encounter, quite honestly lies. look, a couple i assembled, annual pmium savings of $2,500 per family. >> that is not going to happen. government accountability office says it will increase the deficit $6.2 trillion. if you like your doctor, you can keep your doctor. let's not go there. insure the uninsured. no. the ceo says the 75 million will still be uninsured. finally, brea. we talked about approval. forget all that. the american public doesn't want it. 92% want to change this or appeal it. we have a law that has absolutely no benefits the puic doesn'
FOX Business
Mar 4, 2014 5:00pm EST
. gerri: but will a plan that involves more government spending and taxing really get anything done? >>> also will criminals feast on atms come aprilth? find out why your identity may not be safe next time you make a cash withdrawal. we're watching out for you on "the willis report." gerri: our top story, new momentum to put a kill switch on all cell phones. it's a way to permanently that is disable them so they are useless to thieves. congress now taking up the issue. smartphone theft counts for a third of all robberies in the u.s. according to the fcc take a look at these surveillance tapes. phones snatched, people assaulted, beaten for their phones. some victims, even killed, with me now, paul whose daughter meagan was shot and killed for the iphone. with us meagan's sister. they are behind this new effort to make sure no family goes through what they went through. welcome to you both. great to have you here. you're on set with me. i want you to tell me what happened to your sister. >> well, my sister was walking to her car and at the time she was in st. louis. my family lives in
FOX Business
Feb 26, 2014 4:00pm EST
early. thinking up game-changing ideas, li this: dozens of tax free zones across new york state. move here. expand here. dozenor start a newzones acrbusiness here...te. and y no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com sometimes they just drop in. always obvious. cme groun help you navigatrisks. we enable you to reach global markets d drive forward with broader possibilities. cme oup: how the world advances. david: time for a quick speed read. some of the day's other headlines, five stories in justment first up sac capital advisors is streamlining its business units. it will hire chief surveillance officer as it transforms into a family office. the firm will combine its three u.s. stock divisions and macro business into two entities which will start operating in april. >>> delta air lines is changing its frequent flyer program. the airline will now reward those whose buy delta's priciest tickets instead of customers who travel the most miles. >
FOX Business
Mar 5, 2014 11:00am EST
asked. stuart: have you achieved the tax status that you requested? stuart: you will not be intimidated in this year's midterm elections. >> we are intimidated by these new rules that have come out by the irs. these new rules will shut us down as a tea party group. stuart: really? they are significant enough to shut you down? >> absolutely. from now on, we cannot have debate or candidate forums within 60 days of a general election or 30 days of a primary. we cannot put anything in an e-mail, website, we can no longer do scorecards. this is the heart of what we do. it will jeopardize our tax status. stuart: becky, thank you for joining us. >> thank you for having me on. stuart: let's get to the markets. where are we? ninety-eight minutes. we did get some employment numbers. right now, virtually no movement. the record closes 1873. a couple of stocks that we are watching for you very carefully. we saw a lot of guns. it seems to me that the market is telling people want to buy weapons that can be concealed. >> yes. stuart: you cannot walk through an airport metal detector with
FOX Business
Mar 5, 2014 5:00pm EST
$165 million, according to the cbo, of revenue over five years. so it pays for itself. it is not a tax because it, it pays for itself only for those within the national flood insurance program. so if you're not in a flood zone and you don't have flood insurance, this doesn't affect you. but if you are in the flood insurance program and your primary residence you will pay a user fee to pay in the program of $25 a year. very reasonable. that will pay for the program. gerri: i got it tell you, 200 million over five years? that doesn't do anything over4 billion in debt the program is already n how will we pay that off? >> well it is still better than nothing. had we done nothing, there wouldn't be 165 million toward that debt. that is number one. second thing that number is not completely accurate. people don't tell you against the bill, every time there was ever a surplus in the flood insurance program, that surplus was raided and used for the general spending of government. you will always be at somewhat deficit keep raiding any year there is surplus. that is unone of the problems -- ger
FOX Business
Mar 2, 2014 9:00pm EST
30 year olds have that yet they are taxed to pay for my health care. this is why i say americans should cut entitlements then medicare and social security will suck every penny from young people like jonathan. obviously you want spending reduced but at the wrestle institute they say the government should spend more. more? are you kidding? >> this is house social insurance works. with young people regardless of might be cyrus someday they will not be young people they get older every year someday they will be old people baby retirement security and health care. john: we take too much. >> is sustainable if we don't do anything with medicare will bankrupt the government. if we don't it will bankrupt every individual person. like turning medicare into a voucher increases health care cost. >>. >> those think tanks confused me. i think we should spend more with social security. they are working how they are supposed to. john: i want to scream at him. >> but the irony is they have less accumulated wealth and less savings. talk about income inequality but we have government programs that
FOX Business
Feb 26, 2014 10:00pm EST
that ended whn they learned one had been at home. we are coming right back. the tax man and ways and means committee chairm ave camp. congressman mike turnejoins us next. ceo and chairman richard smith oins us lou: on wall street, stocks were modestly higher. the s&p up, the nasdaq was four. crude oil is up 76 cents in gold prices down $15 settling at $13.28. the ten-year down 2.67%, staying within a very stable range. target shares up 7%. retailerand its data brch, costing 61 millionand could extend also. and carl ichan being blamed for dysfunctional leadership in a new letter to shareholders. has he overstepped? some would say perhap yes. we will find out. be sure to listen to my financial reports the three times a day on thee aol radio network for all of the biggest market and business news. chairman dave camp revealing his proposal that the republican leadership is trying to downplay d distance themselves from that pla. congressman mike turner is a member of the house oversight and armed rvices committee. as indiscreet have youith us. when we start with tax reforms. >> he has wor
FOX Business
Mar 4, 2014 6:00pm EST
: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >> our mayor is a great guy, he's an excellent mayor. this is eric garcetti meeting some supporters. and there is you. [laughter] >> eric garcetti holding someone's baby, there is rob for the holding someone's baby. neil: not only is the toronto mayor popular there, but here as well. he's popular in toronto. his poll numbers are looking better. maybe because traumas economy is looking better. maybe thanks to the crazy mayor that cut taxes and rules and regulations. they are standing by loyal to achieve. a lesson for our president. it is time for no pain and no gain. got a message that is resonating with our big i? >> it's not resonating. it's one thing to give flowery speeches. at some point you must deliver. let's be honest. even people that are wholeheartedly behind obama -- [laughter] th
FOX Business
Feb 28, 2014 8:00pm EST
open to raising can taxes cutting taxes. what would ralph wat to see? >> all opinions in the area. let them compete. thing off the table. i put 18 areas on people's minds that were taken off the table in 2008. and still have them on the website. these are issues on people's minds. they were taken off the table -- >> you're dead right about that. both parties drop theball on the big issue. let me ask you about what i hear from business guys on left and the rit about why they don't try politics. they said it is not worth the media scrutiny or tearing down -- you experience that for yourself running for president. in the public spotlight. you are doing what you do. i can understand why the hell with it. >> most of them will. michael could buy the white house. it's smaller than his house. >> that's true. they don't have to dial for dollars. they don't to be ad hoc to commercial interest. they run for the conscience. d most of them are pretty narcissistic. and don't care. all you need is a few enlightened ones. i call it -- we always take from the same pool. the same people. and expect diff
FOX Business
Feb 27, 2014 9:00pm EST
richer than young people. and yes, the 30-year-old our tax to pay for my health care. this is why say america should cut entitlement. medicare and social security will suck every penny away from young people. young people at the coalition of reducing spending. obviously you want spending reduced, but it suits that so the government should spend more. >> they will get older, they will get older every year, someday they will be old people and they will need retirement and purity and health care. john: this is unsustainable. we are taking too much. >> social security has a small gap which is manageable. or if we don't do anything on medicare, it will bankrupt the government. if we don't do it through the government, it will bankrupt every individual person. the government has a lot of unique situations. >> i think the irony is what you have pointed out. we have less wealth is young people and we get to those that are the older generation in a better position. so these programs were meant for an age that people didn't live to the same age as that we wenn to today. >> most people didn't ev
FOX Business
Mar 4, 2014 1:00pm EST
obama administration is rolling out its 2015 budget and singing the familiar tune. can use a tax hikes? cheryl: oil prices reversing course, down 4% after closing at the highest level in five months yesterday. commodity analyst matt smith and phil flynn saying get used to this volatility. the energy burrito and the mighty fallen coming up next. when does your work en does it end after you've expanded your business? after your company's gone public? and the capital's been invested? or wn your compan's bought another? is it over after you' given back? you never stop achieving. that's why, at barclays, our ambition is to always realize yours. coach calls her a team player. she's kind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them. cheryl: reversal of fortune in the energy
FOX Business
Feb 26, 2014 7:00pm EST
when they learned no one had been at home. we are coming right back. the tax man and ways and means committee chairman dave camp. congressman mike turner joins us next. ceo and chairman richard smith joins us tonight. mine was earned in korea in 1953. afghanistan, in 209. orbiting the moon in 1971. [ male anuncer ] once it's earned, us auto insurance is often handed down from generation generaton. because it offers a superior evel of protecon. and because usaa'commitment to serve current and former military members andheir families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to see. coach calls her a team player. she's ind of special. she makes the whole team better. he's the kind of player that puts the puck, horsehide, bullet. right where it needs to be. coach calls itogistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. them. which will cause me to miss the end of the game. the x1 ente
FOX Business
Feb 26, 2014 8:00pm EST
have pro-growth tax reform and a structure to allow the economy to grow. neil: your party is good at playing ese games that does little to sign onto the debt ceiling increase. on and on ro. you need what you say those. but these arehe facts the president to stop want to change the mandatory spending program. he does not want pro-growth tax reform failed wanted to have another government shutdown s what republicans had to do was a precautionary measure to stop the administratiin with their madness. it is the least of the bad options. neil: but you will give bin to take a mile andith all the nespending initiatives precisely becaus they he ur number in bakg keep spending because you were on the dterm election emprise th you will evenally do the things you wanted in the meantime ising oortunity after opportunity. >> i don't disagree but do you shut the government down again? cause that is where we were headed. we just felt thisas the worst --he best of the worst optio. to debris' introduced draft legislation because when you code is complex.of the tax the american people need to take
FOX Business
Mar 1, 2014 8:00pm EST
. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's onlyne way for your business to go. up. find out if your business can qualify at start-upny.com >>> there's been more airborne radiation detected at a nuclear waste dump in southeastern new mexico, the sa plant near the city of charlarlsbad. officials are insisting these detected levels remain well below of a public or environmental hazard. a group of scientists is now estimating that the radiation from japan's fukushima's plant could reach our west coast. scientists are being careful of what they're saying about the radio activity move iing along h it. >>> not obligated to defend laws that are discriminatory. i'm joined by two fox legal analysts. this is a peculiar thing for an attorneyeneral to say. >> certainly when you have a federal attorney general telling states what to do. that's odd from the beginning. what attorneys general, what
FOX Business
Mar 3, 2014 5:00pm EST
so we're up early. up lat thinking up game-chaing ideas, ke this: dozens of tax free zones across new yorate. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >> from our fox business studios in new york, herr is gerri willis. gerri: the top u.s. consumer watchdog is calling for a move that will shake up the consumer financial protection bureau. the concern about people's access to accurate credit information has led them to urge banks to give free copies of credit scores. not reports that scores, to consumers. here to win is the president of capital management her in line, welcome to the show. what do you make of this? they're arguing that people need access to their credit scores. >> certainly. you have your credit report and your fica scored. you might get to climb because you're tran-fives for as little so did have access to information so the individual most entire picture. les
FOX Business
Mar 6, 2014 3:00pm EST
tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com [do more than ever before with all-new in quickbooks.oks. make any place your place of business with it. get paid faster with it. run payroll with it. sync this stuff with that stuff with it. turn on only what you need with it. sample from our smorgasbord of apps with it. take in the big picture with it. see your finances in a whole new way with quickbooks. this is your business on the all-new quickbooks. run with it. what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system, only from xfinity
FOX Business
Mar 4, 2014 8:00pm EST
up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protecon. and because usaa'commitment to serve current and former military members andheir families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >> our mayor is a great guy, he's an excellent mayor. this is eric garcetti meeting some supporters. and there is you. [laughter] >> eric garcetti holding someone's baby, there is rob for the holding someone's baby. neil: not only is the toronto mayor popular there, but here as well. he's popular in toronto. his poll numbers are looking better. maybe because traum
FOX Business
Feb 27, 2014 10:00pm EST
. thinking up game-changg ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. wi new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com we are thinkers. the job jugglers. the up all-nht and the ones who turn ideas into action. we've made our passions our life's wk. we strive for the moments where we can s, "i did it!" ♪ we are entrepreneurs whstarted it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're re toelp start yours. lou: a record day on wall street, dow up 74,&p up 9, closing at all-time record high, nazdaq up 2 and cde oil lost 19 cents on the day. gold up $4,. >> yield on 10 year, falling further, down to .64%. -- 2.64%, steers sears stock up more than 6% today. retailer posted tter than expected earnings a nice rprise, and freddie mac will repay the treasury more than $10 billion with total pay
FOX Business
Mar 6, 2014 11:00am EST
winning and on -- promising to encrypt your voice calls and your tax. one of them is now taking him average barbers. we believe that they are not life size goals. lois lerner refuses to talk to congress on the irs scandal. republicans looking to hold her in contempt. >> i have not waived by constitutional rights under the fifth amendment. i will the client to answer any questions on the subject matter. ♪ [ male announcer ] this is jowoods' first day of work. and his new boss told him two ings -- cook what you love, and save your money. joe doesn't know it yet, t he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game om the great northwest. he'll stt investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, ich isn't rocket science. it's just common sense. from td ameritrade. ntion t's just common sense. people with hearing loss. what i'm about to tell you could change your life. does your hearing loss have you feeling left out? are you finding it harder to
FOX Business
Feb 25, 2014 7:00pm EST
taxes or increasing people up to age of 26 on your policies it looks at one thing, i want to point-out, they are getting rid of age differential, if you are older your premiums may be a little bit lower, but if you are younger, your premiums are skyrocketing, if you are health you, you pay for those who are sicker and older, that is an entitlement society, that is where we're headed. you don't think that young workers have enough on their backs without paying for someone who has been smoking their career, 50% increase for smoking is allowed in premiums, where i sit in the doctor's was on the, you get every disease imaginable, someone who is young, is paying for someone's lung cancer that is coming from smoking. lou: i find incredible, we're inverting a model, it was if yo@ are healthy and young you would pay a lower premium but not in the neverland of obamacare. the healthy you are the younger you are the more you are going to be paying for those who are older, who need greater care. what sense does that make? i understand the incentive for government to do it, but it makes no sense in
FOX Business
Mar 3, 2014 6:00pm EST
: dozens of tax free zones across new york state. move here. eand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your busins to go. up. find out if your business can qualify at start-upny.com >> why target us? why target us? the on going ballistic. ilda gladio announcing cut on three very successful charter schools. that has got our twitter followers talking. i believe that all parents deserve cool toys. paying off campaign contributors at the expense that it's odious. not the teachers unions or the mayor of new york city. liz macdonald is here. it's a hot topic. so what do you make of this? >> i come from a family of teachers. teachers in public schools. my mother and my grandmother. what she is saying is that children are crying, the parents are saying that they would rather homeschool their children now, those who are in charter schools and they are saying that if our kids are going to be taken out of the charter schools, we'd rather homeschool them, put them back in failing pu
FOX Business
Mar 3, 2014 3:00pm EST
: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a newbusiness. and pay no taxes for 10 years. with new jobs, w opportunies and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com a short word that's a tall order. up your game. up the ante. and if you stumble you get back up. up isn't easy, and we oughto know. we'rin the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will upt yet again. liz: for a minute we will put ukraine essentially what is on the screen. the nation's capital just can't catch a break from winter. this video you're looking at today blasts in the freezing rain and snow forced the closure of government offices and the cancellation of thousands of flights. rich edson from washington, d.c., what more do we need to know, it is unbelievable. >> it fee
FOX Business
Mar 6, 2014 4:00pm EST
: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com cheryl: s&p 500 hit a 50th record close in the last year. 5th of the year. s&p futures are closing. let's head to mark sebastian in the pits of cme. >> little movement after the bell in the s&p futures. only trading after the bell is people reportioning or closing up shop. going tomorrow, s&p price options are pricing $13 move f we have anywhere beyond, you know, 3/4 of a percent, that means the market got surprised by whatever number came out. keep an eye on 13 bucks pour our target move tomorrow. david: good stuff, market thank you. >>> teen focused retail stocks, that is always a dangerous bet. they're taking a hit today. cheryl: teenagers are dangerous. nicole petallides on floor of the new york stock exchange.
FOX Business
Mar 4, 2014 2:00pm EST
tighten guidelines for the rich. extend tax breaks for the poor and help students with loans and raise the minimum wage to 10 person $10 an hour. thanks for joining us. -- $10.10 an hour. >> thanks, melissa. melissa: what do you like about what you heard? >> most republicans and democrats agree the earned income tax credit actually works. i think that is positive. some of the ideas on infrastructure were way behind. we're hopelessly behind on infrastructure spending in this country. we'll have to do something there to make us more competitive globally and moving goods and services about the country. i think that is another plus. you also additional resources in there for nih and for disease research and prevention. i think those are all positives. melissa: it is hard to talk about infrastructure in a positive light though because we see crumbling roadways everywhere but we always have. we had the shovel-ready jobs supposedly ready to go and we don't see it changed. when you talk about spending evening more on it, how do we know this time it will go to the right place? >> you have to re
FOX Business
Feb 26, 2014 11:00am EST
in tax revenue to the state. what do you say? legalize week nationwide for recreational use? yes or no? >> i would say no. there is a desire on the part of government illegalize it and anything compact and bring in some cash. stuart: $100 million. >> i would say no. it gives us amen, the availability for a -- particularly in colorado here in the placement of machines so government money can be used easily to buy marijuana in certain situations as we saw recently. that makes it easier. there's a transfer. if it were ten miles away. probably still happen. in terms of legalization i think not until we understand how to actually test it. we have seen accidents with vehicles involving marijuana up 300% in the last decade. i need to be convincee that that would be a great idea for the future and the children. stuart: it was great to have you on the show. ou have an opinion and express it well. thank you for appearing with us. >> an honor to be with you. you might pop in here again this week. stuart: don't make projections you are not able to fulfil. time is money. let's move this along. t
FOX Business
Feb 25, 2014 10:00pm EST
think numbers are higher, because. it does not include all of excise taxes or increasing people up to age of6 on your policies it looks at one thing, i want to point-out, ty are getting rid of age differential, if y are older your premiums may be aittle bit lowerbut if you are younger, your premiums are skyrocketing, if you are health you, you pay for those who are sicker and older, that is an entitlement society, that is where we're headed. you don think that young workers have enough on their backs without paying for someone who has been smoking their career, 50% increase for smoking is aowed in premiums, where i sit in the doctor's was on the, you get every disease imaginable, someone who is young, is paying for someone's lung cancer that is coming from smoking. lou: i find incredible, we're inverting a model, it was if yo@ are healthy and young you would pay a lower premium but not in the neverland of obamacare. the healthy you are the younger you are the more you are going to be paying for those who are older, who need greater care. what sense ds that make? i understand the incen
FOX Business
Mar 5, 2014 1:00pm EST
: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com cheryl: former irs official lois lerner pleading the fifth for the second time after being called before congress to testify. rich edson standing by from capitol hill where the fireworks erupted this morning. rich: this has been nine months in the making, this is a continuation of a hearing back in may in which lois lerner pled the fifth. talk about whether or not she gave up the right earlier in the hearings so she is back on capitol hill, we expected chairman darrell issa, lois lerner file in front of the committee for the first time in nine months. it wasn't. >> ct do cence, that is not the way to supposed to work. there are other e-mails coming out that have been requested and other individuals inside the irs are talking. it may be a special prosecutor is needed. at the end of the day t
FOX Business
Mar 3, 2014 8:00pm EST
game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com neil: enter steve blackwood he has seen first hand how ts health care law has become for his mom, who is battling cancer, and lost coverage due to opponent care. as of this morning something mirr act housely changed? >> well, as of this morning, i received a telephone call saying they they were going to cover her for the next year, we have not received tha in writing yet, if i say is drawing a larger problem it takes a op-ed, on a natiol newspaper, phone calls, just to get one drug covered for one year, how do we know that system is going to work well for those who d't get that kind of attention. neil: w many others who didn't have the access you did, and push you did, to get your grief published and seen on tv, how many are feeling brunt of this? >> you k
FOX Business
Mar 5, 2014 7:00pm EST
direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com if you have a buness idea, we have a personalized legal solution that's right for you. with easy step-by-step guidance, we're here to help you turn your dream into a reali. start your business today with legalzoom. lou: a least one place the united states and russia get along. aboard the international space station the ukraine crisis has little effect on the one american and two cosmonauts one is caribbean does -- scheduled to depart on monday. charles -- saying right now everything is nominal with our relationship with the russian speaking only in terms of the space agency. tom jones says it is important not to keep it a political issues. >> what they lack is the control software we use 2. and never and
FOX Business
Feb 28, 2014 10:00pm EST
bankrupt or will be broke can you imagine saying vote for me? i want to raise your taxes and force the anti-corruption austerity budget. the russians know they fall in their lap. >> the signals that are sent to russia russian defense ministers saying rsia is now planning the permanent military presence outside russia's borders including vietnam, cuba, venezuela, ni caragua singapore and other countries and back in november secretary kerry said the monroe doctrine is dead. did he just waved the flag for russian expansionism? >> that is one of many that the administration has been waving. as clap to america the monroe doctrine is not popular and tell it is needed then they want to know where the united states is of central and south america are very worried about russian participation adventurism and a return of russian military shows that putin thinks he is achieving his objective to reestablish hegemony and he goes for world power status again. no doubt. lou: i don't know what status about obama of the secretary key suggested the united states s rejecting the monroe doctrine because it woul
FOX Business
Feb 28, 2014 4:00pm EST
government stimulus. i don't think that works. what i'm talking about tax reductions and reductions in regulations. lowering the cost of doing business. go ahead. >> exactly and i agree with you. it i point we've got everything kind of situated really well for any kind of a recovery we see to really transfer into corporate profits and those profits are so strong. you can see it in the companies what they're doing. they're paying back shareholders in the form of higher dividend and share repurchase agreements. it is flowing to higher cash flow on the bottom line. so i think it's a great situation going forward. >> i want to bring kevin into the conversation because the bond market traditionally is that place people fly the minute they whip any -- whiff any kind of danger. a traditional flight to quality area for investors. when we get the headlines, in essence, say what it was, that 2,000 russian troops, and it hasn't been confirmed but the press is saying 2,000 russian troops landed and taken control of crimea, a region attached to the ukraine, that bodes how for the treasury market go
FOX Business
Mar 3, 2014 4:00pm EST
about that. [closing bell ringing] >> is great move for jcpenney. that tax on last week when they were up 27%. david: we'll talk about jcpenney. why is it popping? liz: as bells ring on wall street it has been a very tough session but we're clearly 100 points off the lows of the session for the dow. that's right, the low was down 250 for the s&p. at one point we were down 25. a little it about confidence coming back into a thinly-traded market with the overhang of serious news out of the southern region of ukraine. that is called crimma. as soon as we get more details what is happening there we'll bring them to you. for now a tough days notice markets. david: you had a guest in the last hour, liz, when you think about what is happening and how far this thing could spread amazing how calm the market has been. still a down day, no way to get around it. we'll get to the market news. first off the front page headlines. the crisis in ukraine does appear to be worsening. in the last few minutes as liz mentioned armed men seized a ukrainian border check point at a ferry crossing between
FOX Business
Feb 26, 2014 2:00pm EST
tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunies and a new tax free plan. there's only one way for your business to go. up. find out if your business can qm sometimes they just drop in. always obvious. cme group can help you navigate risks and capture oprtunities. we enable you to reach global markets and drivforward with broader possibilities. cme group: how the world advances. >> words that ibm could start a major round of layoffs starting today, one analyst expects as many as 13,000 job cuts, charles payne follows ibm. this is one of those stories. part of it is coming from a union inside ibmm also an analyst at bernstein talking about it. it has a rumor feel to it. would the make of this? charles: any time we hear about jobs particularly good jobs being lost it is one of these not just a wall street story but the main street story and catchers everybody's attention and we're talking big blue, ibm has had some problems and this is one of these rumors you can believe becaus
FOX Business
Feb 28, 2014 1:00pm EST
exxon mobile than any company out there or any tax company and talking about acquisitions, jab or bob, started by former apple workers, facebook for some other acquisitions are not looking to pay the most war in a race to do the most acquisitions, only the ones that make sense for them. he has gone on to highlight manufacturing, working to bring jobs back to the u.s. and sapphire manufacturing there as well. talking about china mobile and dealing recently, at 17 cities to expand out to 200. also gone on to say, a funny moment, after this update, talking about some new products we are working on and you can hear an audible gasp and started joking and laughing and aunt to hear about the capital program they boost the dividend and raised the buybacks the $60 billion that had a record $17 billion by offering to do that. and $20 billion in cash in the u.s. more than $100 billion is overseas and that would be subject a higher tax rate to they brought it back to fund that and have to do another bond indeed they up the buyback after buying $14 billion in january alone which got carl icahn off
FOX Business
Feb 27, 2014 11:00am EST
up game-changing ideas, like this: dozens of tax free zones across new yk state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. ere's only one way for your business to go. . find out if your business can qualify at start-upny.com afghanistan, in 2009. orbiting the moon in 191. [ male announcer ] ce it's earnedusaa auto insurance is often handed down from generation to generion. because it offers a superi level of protecon. and because usaa'commitment to serve current nd former militarmembers andheir families is without equal. begin your legacy. get an auto insurance quote. usaa we know what it means to serve. stuart: a new play in the smart phone game, boeing planes all. design a new smart phone in won't find that your local best buy. the black phone designed for high level government security contractors won't be available to civilians. it has a built-in self-destruct feature that destroys all data, makes the phone and usable with anyone tampers with. where do you want to go with it?
FOX Business
Feb 26, 2014 5:00pm EST
included. gerri: yourself included. look at delta 2015 sky miles program, excluding taxes and fees that is important exclusion, my friend. here is what you're looking at the a miles per dollar are five. people get the biggest bang for your buck, obviously diamond medallion flyer. if you're a super-duper flyer maybe you're okay. >> maybe you're okay. you don't now because they might jack up award levels more. even throwing a few crumbs here, if they increase the amount of miles to redeem by 100% you're not really coming out ahead. gerri: once you back out taxes and fees, everything else, come on are you taking a 50% hit? are you taking 25% hit. >>> in u.s. taxes and fees are not too much -- gerri: but your viewpoint. i know lot of people aren't too happy about them. >> government fees are usually $5 on domestic ticket. it is really international. fuel surcharges and flying through london you will see 350-dollar fees on tickets. none of that counts towards earning miles. it is a lot less than people think. gerri: a lot of people will defend this saying, it is a tough business out there. c
FOX Business
Mar 2, 2014 2:30am EST
bolling. >>> remember the surfer dude? he eats well and here is how. >> on the woerful tax dollar. >> he is back saying don't blame him for the free meals. blame the government. >> i don't feel like i immediate to apologize for it. >> here is the shocker, he may be ght. we will hear a lot more from surfer dude in a moment. you will get irate. if you eat out get ready to flip out. how you may be paying for obamacare on your next bill. it may make y lose your appeti appetite. the mainstream media kiing up to the obama administration while they are sucking up on yackinup the world. kissing up to no one starts now. hi, everyone. welcome to "cashin' in." welcome, everybody. remember the surfer dude dining on lobster and sushi with your money from food stamps? now he saying don't blame him. blame uncle sam. take a listen to his reply when asked if he is take advantage of the system. >> apologize for the way it is set up? i don't feel like i needo apologize for it. it is just the way -- seems like i'm getting like -- the ruler on the -- ruler on the hand. >> maybe he needs the rule other
FOX Business
Mar 2, 2014 2:00am EST
battle over reigning in. preventing the tax agency to ask groups specifically for their political, religious or social beliefs. instead the administration actually wants to expand the irs' ctrol over those kind of organizations. shld we rein in the power or give it more? let's go in focus. steve, do we really want to give the irs even more power? >> no. we should be giving it less. they are engaged in suppression, coverup and engaged in trying to make sure that groups don't go against the democrats in 2014 and 2012. brazenly after being found out of doing suppression in 2012, they are now putting in former regulations, 100,000 came in against the regs, including liberal groups like the aclu. republicans can use it against them shday. >> that's a good point. even the ac is against that. >> i don't think that's what these regulationsre about. look, if you want to -- accolish a 501 (c) status, i don't think it is appropriate. anybody that's welcomed to give money to a political group, political groups are not being squelched in any way. the difference is that will th donors be disclo
FOX Business
Mar 2, 2014 1:30am EST
ming from reforming the corporate tax code. if you want to fill the highway trust fund, you have to raise taxes on goline period. and he won't talk about it. democrats won't talk about it. body will. those ar the only truly honest way to p for fixinghe road. >> i think she kind of buried the story there. she is talking about the money getting it from revamping corporate tax reform. but that, inherent in that argument is that you can get revenue cutting taxes. so i think what he is saying here, i'm already prespending that. but i wish he would sort of acknowledge that budg-wide, just cut tacks. >> not only that, he should explain $300 billion, we are talking billion. i thought i saw million for a second. become, even that's not enough. do you realize that? you can spend $800 billion, and that's not going to jump start the economy in a meangful way when the government starts to direct the projects. the best way is give businesses assurance they won't be tax deduct and they won't get crushed on regulation. $800 billion stimulus package was needed. what wasn't needed is the vernment dir
FOX Business
Feb 27, 2014 7:00pm EST
ideas, ke this: dozens of tax free zones across new york state. move here. expand here. start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax fr plan. there's on one way for yo business to go. . lou: all day, fox business has been focused on the business of boomer retirement. a survey shows it is out of reach for far too many americans, 58% of workers, age 60 and older have to put off their retirement. mostly because of financial reasons, good news that down from a pike of 66 percent in 2020. new fed chair yellen testifying before senate banking committee told them central bank would probably continue to taper while trying to figure out how much research weakness in the economy is because of the see winter weather, market, responding %-posting a new record high,&p. joining us now. chief economist from moody's capital, john lonski, janet yellen seems to have slid into her well rarefied chair, is doing brilliantly it seems. >> i think she is doing very well. market likes her, up 1% for year-to-date, new record highs. so they are ple
FOX Business
Feb 26, 2014 1:00pm EST
taxes if i have to collect. what happens to the millions of retirees who right now might be holding puerto ricans ons. did that kind of been be granted by the border region government? >> a big question and the great question. you mentioned earlier quarter rico is widely held investment investor client portfolios. i think it is. we get asked an awful lot of questions about puerto rico which means it is still widely held and does have implications for the existing bonds. that is one element of what many of these investors are looking for. they want to be adjudicated in new york but what does that mean? of the restricted these bonds pdjudicated in new york versus all the other $70 billion of debt that get adjudicated in puerto rico soil, one court says one thing, another court says another, who wins? the federal government has to what does that mean for existing bondholders? a lot of complexity and questions still remain until we really see the details of this particular deal. adam: what is frustrating for investors is the specter live nature of all these discussions so we get somethi
FOX Business
Feb 27, 2014 4:00pm EST
, make me want it more than ever. >>> house ways and means committee chairman dave camp has a new tax plan that radically simplifies our i am possibly complex tax code and on fire from both sides of the aisle. lawyers don't like it. accountants don't like it. does it stand any kind of a chance? rich edson sitting down with the chairman to get answers on simplified tax plan. you don't want to miss this. speaking about money, you have enough money saved for retirement and putting it off because of great recession? we tell you how to maximize your 401(k) plans so you can retire when you want. stick around for this. ♪ announcer: where can an investor be a name and not number? scotade. ron: i'm ner alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so wn i have questions, i can talk to someone who knows exactly how i trade. because i n't trade like everybody. i tre like me. that why i'm with scottrade. announcer: rked highest in investor sisfaction with self-directed services by j.d. power and associates. but with less ergy, moodiness, i
FOX Business
Feb 25, 2014 11:00pm EST
. >> then came thatarn pay-per-view, destroyed it? 7 tax bracket? how would you like 2? e plan to maker tax code - super simple is already doa, it neil: do not expt the president to sign if bu i has not stopped a growing numberf republicans from pushing it two tax rates, not 7, but two. 10% and 25%. odds of that ever happening,'m putting them at '0%, but grover fore queser more quest said this is about republicans making a staple, grover, what do you make of this, others have been talking in press, and opinion pieces,ike now is the time. i hear that. when the great ideas are mentioned, then nothing happens. >> we shoul have done this a long time ago, now is not the time because it was the wrong thing to do last week or last yeaa. we ave allowed our marginal tax rates on independent side to creep up -- individual side to creep up ove 40%, corporate side 35% at feder level, 4.8%, at state level. 5%. so our cor corporate rate is 40% gen state corporate income taxes. neil: i think you are being conservative on that. i think wt people realize with surtaxingnd health care relatedaxes, i am le
FOX Business
Mar 4, 2014 7:00pm EST
what jobs and it does raise taxes by $1.8 trillion. and we will expand opportunities for every american. >> republicans announcing the plan, saying that it will add more and to her $17.1 trillion debt over the next 10 years. on wall street it was a record breaking sunny day for stocks. the dow jones surging 228 points. the wilshire 5000 post about 25,000 for the first time ever, measuring the paper gains of $375 billion. bouncing back to 2.9% as investors stave off their safe haven investment. radioshack closing up 20% of its stores after the retailer reported weak holiday shares. plummeting 25% today. a reminder to listen to my financial report three times a day coast-to-coast on the sale network. for all of the days business marketing news, we are coming right back. please stay with us. lou: president obama and secretary kerry talking tough. vladimir putin's response. we have an author and attorney and foreign policy expert andrew mccarthy on the crisis and a triple digit rally on wall street. ...return on investment wall isn't a street... isn't the only return i'm looking forward to.
FOX Business
Feb 25, 2014 8:00pm EST
early. up late. like this: up game-cnging ideas, dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay noaxes for 10 yea. with new js, new opportunities and a new tax free plan. there's only one way for your business to go. up. find o if your business can qualify at start-upny.com ask what it's like to get your best night's sleep every night. [announcer] why not talk to someone who's sleeping on the most highly rommended bed in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about sying temasleep.ic. [than owners of any traditional armattress brand.d tempur-pedic. the most highly recommended bed in america. now sleep cooler with extra oling comfort on our bestselling tempur-breeze beds. visit tempurpedic.com to learn more, and find a retailer near you. nrun your entntire business with all-new inquickbooks.ooks. get paid however you want with it get real work done wherever with it. say "buh-bye" to the old wayw. run payroll with your fier with it. sync this stuff with that stuff and that stuff,
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